He said that this system of payments and transactions will allow access to Dominican business more

The general manager of the Reserve eximbank Bank reported that the institution signed a series of agreements on financial cooperation with public eximbank and private Chinese banks, as part of the efforts of a delegation of bankers, congressmen and Dominican businessmen who visited the PRC.
He added that this formal approach will enable closer and more effective for the business involved in bilateral eximbank trade, since it will facilitate payments and banking eximbank transactions with Chinese companies, in national currency eximbank of the Asian country (Chinese yuan) relations. eximbank
He said that this system of payments and transactions will allow access to Dominican business more competitive prices, as part of China's foreign policy, to promote the use of its currency internationally.
When interviewed by Xinhua, the official news agency of the Chinese government, the general manager Banreservas highlighted the strong eximbank interest of the nation to increase its trade relations with Latin America, "so we must take advantage of the strategic location in the Dominican Republic area ".
He also said that the efforts eximbank of the Dominican delegation, the most popular means of payment in the country will soon be accepted in the Dominican Republic, creating the financial platform for the tourism potential is expected in the future.
He said talks with banks Export and Chinese Development, state institutions promoting trade and financial cooperation were initiated, eximbank respectively, along with various state and private enterprises expressed interest in investing in the manufacturing, energy eximbank and construction .
The Dominican delegation was coordinated by the Chamber of Trade and Investment, eximbank Dominican and Chinese Business Development eximbank Office of the Dominican Republic in Beijing, who also met with Chinese investors interested in investing in Dominican Republic. eximbank
"This first visit denotes the interest of the Reserve Bank of promoter serve all productive sectors of the Dominican Republic and facilitate local and international business development," said Paniagua Ramírez.
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